USPS Requests May 31 Rate Hike
"The postal service today filed a response to Postal Regulatory Commission (PRC) Order No. 2398, in which the Commission remanded proposed rates for Standard Mail, Periodicals and Package Services," Friday's statement reads. "The postal service's response contains adjusted pricing and further explanation consistent with the commission's order."
USPS states that "pricing-implementation webinars" and updates through an Industry Alert will keep mailers informed.
The USPS response requests:
- "The commission expeditiously approve the proposed rates for Standard Mail, Periodicals and Package Services."
- A nearly 2 percent price increase for Standard Mail, Periodicals and Package Services (the information about the latter is in the document "Package Services Workpapers for Second Remand—Proxy Version").
- Forwarding-and-Return Service fees to change "from $0.43 to $0.435 for letters, and from $1.39 to $1.395 for flats. After the exigent surcharges are applied, the final fees will be $0.45 and $1.40 for letters and flats, respectively."
What will direct mailers and e-commerce marketers do about this possible price increase?
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